2 Bedroom Condo for sale at The Niche Sukhumvit 49

4.33 (1 Review)
Khlong Tan Nuea, Watthana,Bangkok
Unit ID: U776348
5% Rental Yield
฿3,710,000 Great Price
2 Bedrooms
1 Bathroom
48 SqM Size
4 Floor
Dec 2007 Completed

About This Condo

This property is a 48 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the The Niche Sukhumvit 49 project in Khlong Tan Nuea, Bangkok and was completed in Dec 2007. You can buy this condo for a base price of ฿3,710,000 (฿77,292/SqM) and it is also available for long term rentals starting from ฿17,000 per month.

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 4
Bedrooms 2
Size 48 SqM
Price per SqM ฿77,292
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if that is currently below 49%.

Foreign Quota, Thai Quota
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) City View
Unit Type N/A
Building The Niche Sukhumvit 49
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,680/mo
Listed By
Private Owner
Date Listed Apr 20, 2021
Last Updated 1 year ago
Unit ID U776348

Price Analysis

Great Price
Estimated market value ฿4,088,389
Great
฿2,610,000
Good
Fair
Above
฿4,630,000
Current asking Price: ฿3,710,000 | Advertised rental rate: ฿17,000/mo
This condo is ฿378,389 BELOW MARKET (-9%) in the Bangkok area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿3,710,000
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,680/mo
Rent
฿17,000/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
18
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
5%

Project Details

Project Name: The Niche Sukhumvit 49
Developer: Sena Development
Construction: Completed (Dec 2007)
Floors: 8
Buildings: 1
Units: 120
Project Area: 1,568 SqM
Nearest Landmark Phetchaburi MRT - 1.4 Km
Location: Khlong Tan Nuea, Watthana, Bangkok
The Niche Sukhumvit 49 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna
Back Up Generators Back Up Generators
Shuttle Bus Shuttle Bus

Popular Facilities at The Niche Sukhumvit 49

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at The Niche Sukhumvit 49

For Sale 6 For Rent 5
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Frequently Asked Questions

No pets are allowed at The Niche Sukhumvit 49 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is ฿35 per square meter based on the size of indoor area of the property and is ฿1,680 for this condo. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At The Niche Sukhumvit 49 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Phetchaburi MRT is the nearest MRT Station from The Niche Sukhumvit 49 and it is 1.4 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at The Niche Sukhumvit 49 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

Read more here

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4.3 out of 5 4.33
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The general project atmosphere is tranquil and pleasant
4.3 Chris Monsure, Australia, 6 years ago
I rent a room here. My room is a 1-bedroom with perfect size, suitable for 1-2 people. The interior is decorated with good quality furniture, solid and durable. The general project atmosphere is tranquil and pleasant. Most importantly, the common area has all the facilities, including a large swimming pool, fitness center, a green space that gradually gives shade and fresh air to the residents. In addition, the project is not far from Market Place Thonglor and The Park Lane Ekamai shopping centers, where I always go to buy food and stuff. Unfortunately, this project is located quite far from the BTS station, where I have to take a motorcycle or taxi service to get to the Phrom Phong BTS and Thong Lo BTS, but it's not a problem for me because I have a car.
Bangkok
Khlong Tan Nuea

Neighborhood Overview

Location and Neighborhood

Street View

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